About This Restaurant
Investment Highlights
Beautiful frontage Favorable lease terms Staple of the community
Executive Summary
BUSINESS FOR SALE! Significant $100,000 Price Improvement! Profitable with great return on investment!Here lies is a long-standing cafe/sandwich shop that boasts a long, 40 year history of creating delectable pastries, breads, sandwiches, drinks, and desserts that have won the hearts (and taste buds) of generations. Owners have a special pride that they would now like to pass along to a new owner to take the cafe to new levels. The location has beautiful frontage and visibility with its bright colors and ample patio seating which really makes for a comfortable dining experience. There is tons of potential for the new owner to cater events, host events, convert to a different restaurant concept, deliver with Uber, GrubHub, Postmates, etc. upgrade license privileges with a Beer and Wine license, and so much more! This location has a low rent, favorable 10 year lease terms, and positive financials, currently turning a profit! Drive by only. Signed NDA required for financials.
Property Details
- Sale Type Investment or Owner User
- Sale Conditions Bulk/Portfolio Sale Bulk/Portfolio Sale Business Value Included Bulk/Portfolio Sale
- Property Type Retail
- Property Subtype Restaurant Restaurant General Retail Fast Food Restaurant
- Building Size 700
- Building Class B
- Year Built/Renovated 1958/2012
- Price 250,000
- Price Per SF 357
- Percent Leased 91
- Tenancy Multiple
- Building Height 1 Story
- Slab To Slab 10?
- Building FAR 0.08
- Land Acres 0.21 AC
Property Taxes
Parcel Number | 7542-013-018 | Improvements Assessment | $1,227,069 (2023) |
Land Assessment | $1,282,845 (2023) | Total Assessment | $2,509,914 (2023) |
Date Created: | 2024-07-16 04:09:22 | Last Updated: | 2024-07-16 04:09:22 |
Address: | 2201 Palos Verdes Dr W , Palos Verdes Estates, California, 90274 |